Tajudin vs GLCs suit not resolved yet

The suits by various government-linked corporations (GLCs) against tycoon and former Malaysia Airlines (MAS) chairperson Tajudin Ramli have not been resolved yet, and the court in Kuala Lumpur has fixed Nov 3 for further case management.

This was confirmed by Tajudin'slawyer Lim Kian Leong when met by reporters today.The case was initially fixed before newly-appointed President of the Court of Appeal, Justice Md Raus Sharif, who is the managing judge for the appellate court.

At the last session, Justice Md Raus fixed today for case management for the tabling of a global settlement.Today, it was to have been heard before lone Court of Appeal judge Justice Zaharah Ibrahim.

However, there was no sign of Umno lawyer Mohd Hafarizam Harun, who has been designated by Minister in the Prime Minister's Department Nazri Abdul Aziz as counsel for the GLCs to resolve the settlement, as per the minister's Aug 8 letter.


It is learnt that the GLCs have taken no decision on Mohd Hafarizam's appointment and hence he did not have reason to be present.
GLCs want to know terms of settlement

Sources from some of the GLCs familiar with the case said they still needed to know the terms of the global settlement that Tajudin intends to propose to settle the suits against him.

MAS, Telekom Malaysia and Axiata Group Bhd, which manages Celcom, declared to Bursa Malaysia last month that they were yet to receive any proposal for the global settlement.

The boards of directors of the GLCs also found that there was nothing before them to consider in order to reach a settlement.

The Kuala Lumpur High Court had in 2009 ordered Tajudin to pay RM589 million to Pengurusan Danaharta Bhd, which manages outstanding debt.

It had also dismissed Tajudin's RM13 billion counter claim against the GLCs and the government.

Tajudin has appealed against this decision and in October last year, proposed the idea of a global settlment and since then there, have been several postponements of his appeal before the Court of Appeal.

There has been no indication at all about what the much-hyped global settlement is about or the amount of money it will involve.

Bar Council chairperson Lim Chee Wee, and recently even the former Minister in the Prime Minister's Department Zaid Ibrahim, have criticised the directive Nazri issued to the GLCs to settle the matter with Tajudin.


Source : http://www.malaysiakini.com/news/177191




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